23. Compute the yield to maturity of a $2,500 par value bond with a coupon rate...
1. A bond has a par value of $1,000, a current yield of 8.15 percent, and semiannual coupon payments. The bond is quoted at 103.51. What is the coupon rate of the bond?2. Kasey Corp. has a bond outstanding with a coupon rate of 5.94 percent and semiannual payments. The bond has a yield to maturity of 5.1 percent, a par value of $2,000, and matures in 20 years. What is the quoted price of the bond?3. A bond with...
1. What is the yield to maturity of a bond that pays 12% coupon rate with semi-annual coupon payments, has a par value of $1,000, matures in 9 years, and is currently selling for $897? a) 14.05% b) 11.90% c) 7.03% d) 12.97% 2. a company just paid a dividend of $1.25, and those dividends are expected to grow at a constant rate of 5% forever. If the required return of the investors is 11%, what is the stock price...
What is the yield to maturity of a bond? Par Value $1,000 Coupon Rate 6.00% Term 10 years Payments per year 2 semi-annual Market Value $897.00 Payment YTM
2. Suppose a company issues a bond with a par value of $1,000, 23 years to maturity, and a coupon rate of 5.8% paid annually. If the yield to maturity is 4.7%, what is the current price of the bond? 3. Seekers Inc. issued 15-year bonds a year ago at a coupon rate of 4.1%. The bonds make semiannual payments and have a par value of $1,000. If the YTM is 4.5%, what is the current bond price?
1) Bond with a $1.000 par value has an 8 percent annual coupon rate. It will mature in 4 years, and annual coupon payments are made at the end of each year. Present annual yields on similar bonds are 6 percent. What should be the current price? - a. S1.069.31 b. S1.000.00 c. $9712 d. $927.66 e. none of the above 2) A bond with a ten percent coupon rate bond pays interest semi-annually. Par value is $1.000. The bond...
Gugenheim, Inc., has a bond outstanding with a coupon rate of 7.5 percent and annual payments. The yield to maturity is 8.7 percent and the bond matures in 19 years. What is the market price if the bond has a par value of $2,000? Multiple Choice $1,783.41 $1,816.29 $1,778.84 $1,785.76 $1,780.67
9. A semiannual corporate bond has a face value of $1.000, a yield to maturity of 1.2 percent, and a coupon rate of 7.5 percent. The bond matures 10 years from today. This bond: a. pays interest payments of $75.00 every six months. b. sells at par value. c. is currently quoted at a price of 101.02. d. has a current yield of 7.34 percent 10. Determine how much you would be willing to pay for a bond that pays $60 annually indefinitely and never...
What is the yield to maturity of a 5-year, 7.5% coupon rate $1000 par value bond priced currently at $1,010? % Place your answer in percentage form using two decimal places. Do not use the percent sign as part of your answer.
-What is the yield to call of a 30-year to maturity bond that pays a coupon rate of 11.98 percent per year, has a $1,000 par value, and is currently priced at $918? The bond can be called back in 7 years at a call price $1,089. Assume annual coupon payments. -Marco Chip, Inc. just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 17 years and a yield to maturity of 10.23 percent,...
Coupon rates. What are the coupon rates for the following bonds? Yield to Coupon Years to Coupon Frequency Par Value Maturity Maturity Price Rate $5,000.00 20 $3,925.15 monthly 1,000.00 5% $1,000.00 semiannual $1,000.00 9% $1,038.90 annual $1,000.00 11% $677.87 20 quarterly Hint: Make sure to round all intermediate calculations to at least six decimal places a. What is the coupon rate for the following bond? (Round to two decimal places.) Yield to Maturity Coupon Years to Coupon Frequency Par Value...